CNBC-TV18’s top stocks to watch out for on June 1

Markets, Stocks
Auto parts
Auto stocks | The automobile companies will release their sales numbers for the month of May today.
indigo
IndiGo | The company announced compulsory leave without pay (LWP) for senior employees for up to four days per month till September as passenger traffic has reduced due to the second wave of the COVID-19 pandemic.
Punjab National Bank | The bank has reduced its benchmark one-year marginal cost of funds-based lending rate by 0.05 percent to 7.30 percent.
Cipla’s MD and CEO Umang Vohra saw his remuneration fall by 20 percent despite his salary and bonus remaining more or less unchanged compared to the previous fiscal. This was mainly owing to the reduction in the number of stock options exercised during the last fiscal after its profits rose by over 5 percent during the fiscal.
Cipla | The company said it is in the process of seeking clarity and guidance from the government for exploring the possible roadmap for vaccine importation to India and no definitive terms have been finalised at this stage.
Magma Fincorp | The company’s Q4FY21 consolidated net loss widened to Rs 647.72 crore from Rs 355.08 crore, YoY, on accelerated write-offs and provisions. Adar Poonawalla has been appointed as the Chairman of the company.
Honeywell Automation
Honeywell Automation India | The company’s Q4FY21 net profit fell to Rs 104.02 crore from Rs 111.14 crore, while revenue declined to Rs 672.7 crore from Rs 704.26 crore, YoY.
Canara Bank
Canara Bank | The bank has appointed S K Majumdar as its chief financial officer (CFO) with immediate effect.
IRB InvIT | The trust reported a 4.71 percent increase in consolidated profit at Rs 180.84 crore for FY21 as against Rs 172.69 crore for FY20.
Narayana Hrudayalaya | The company reported higher consolidated profit at Rs 68.05 crore in Q4FY21 against Rs 11.99 crore, revenue jumped to Rs 837.76 crore from Rs 742.95 crore, YoY.
Asian Granito India | The company’s Q4FY21 consolidated profit jumped to Rs 20.31 crore from Rs 6.88 crore, revenue rose to Rs 434.14 crore from Rs 257.73 crore, YoY.
Allied Digital Services | The company’s Q4FY21 consolidated profit rose to Rs 3.9 crore from Rs 2.85 crore, revenue increased to Rs 95.76 crore from Rs 90.13 crore, YoY.
Nahar Industrial Enterprises | The company reported consolidated profit at Rs 40.27 crore in Q4FY21 against a loss of Rs 2.49 crore in Q4FY20, revenue rose to Rs 463.62 crore from Rs 406.85 crore, YoY.
Earnings Today | ITC, Balrampur Chini Mills, Gujarat Gas, Radico Khaitan, Salasar Techno Engineering, among others.
 5 Minutes Read

Naomi Osaka withdraws from French Open citing depression

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

On Monday, World No. 2 decided to take matters into her own hands to end the stand-off. ”This isn’t a situation I ever imagined or intended when I posted a few days ago,” the 23-year-old Osaka said on Twitter.

Japan’s Naomi Osaka stunned the tennis world on Monday by withdrawing from the French Open after deciding to boycott post-match media duties, explaining she had been suffering from depression for almost three years. Osaka said in the build-up to the tournament that she would not attend the obligatory press conferences for players after matches, saying the questioning by journalists stresses her mental health.

The four-time Grand Slam champion made good on her threat on Sunday when, after winning her first-round match, she did not hold a press conference.

She was fined $15,000 by the Roland Garros referee, and Grand Slam organisers later issued a strongly worded statement warning of possible expulsion from the French Open and future majors if she failed to change her stance.

On Monday, World No. 2 decided to take matters into her own hands to end the stand-off. ”This isn’t a situation I ever imagined or intended when I posted a few days ago,” the 23-year-old Osaka said on Twitter.

”I think now the best thing for the tournament, the other players and my well-being is that I withdraw so that everyone can get back to focusing on the tennis going on in Paris. ”I never wanted to be a distraction and I accept that my timing was not ideal and my message could have been clearer.”

Osaka, one of the biggest names in women’s sport, went on to say she had suffered from depression since 2018. ”The truth is that I have suffered long bouts of depression since the U.S. Open in 2018 and I have had a really hard time coping with that,” she said.

”Anyone that knows me knows I’m introverted, and anyone that has seen me at the tournaments will notice that I’m often wearing headphones as that helps dull my social anxiety.”

The French Tennis Federation (FFT), organisers of the tournament, called her withdrawal ”unfortunate.”

”We are sorry and sad for Naomi Osaka…We wish her the best and quickest possible recovery, and we look forward to having Naomi at our tournament next year,” FFT President Gilles Moretton said in a statement.

He said the major tennis bodies were committed to athletes’ wellbeing and improving their tournament experience including their interaction with the media.

The Women’s Tennis Association (WTA) said mental health was one of the highest priorities of the organisation. ”We remain here to support and assist Naomi in any way possible and we hope to see her back on the court soon,” it said in a statement.

After beating Serena Williams to claim her first major at the 2018 U.S. Open, Osaka was booed by the crowd during the presentation ceremony as her victory was overshadowed by the American’s outburst following a row with the umpire.

Osaka said that since then, she has struggled in the spotlight. On Monday, said she suffers ”huge waves of anxiety” before speaking to the world’s media.

American Sofia Kenin, who won the Australian Open and finished runner-up at Roland Garros last year, said dealing with the media demands of elite tennis was ”definitely not easy” but it is what players ”signed up for.”

”There’s expectations from the outside, sponsors and everyone. You just have to somehow manage it. You have to have a good team around you who support you,” the American said.

Osaka added that she would take some time away from tennis and hoped later to meet the sport’s organisers to improve the system.

”I wrote privately to the tournament apologising and saying that I would be more than happy to speak with them after the tournament as the slams are intense,” Osaka said.

”I’m gonna take some time away from the court now, but when the time is right, I really want to work with the tour to discuss ways we can make things better for the players, press, and fans.”

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
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10 Questions · 5 Minutes
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Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?

 5 Minutes Read

Iran fails to explain uranium traces found at several sites: IAEA report

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

Iran has failed to explain traces of processed uranium found at several undeclared sites, a quarterly report by the U.N. nuclear watchdog showed on Monday, possibly setting up a fresh diplomatic clash between Tehran and the West.

Iran has failed to explain traces of processed uranium found at several undeclared sites, a quarterly report by the U.N. nuclear watchdog showed on Monday, possibly setting up a fresh diplomatic clash between Tehran and the West.

Three months ago Britain, France and Germany scrapped a U.S.-backed plan for the International Atomic Energy Agency’s 35-nation Board of Governors to criticise Iran for failing to fully explain the origin of the particles; the three backed off as IAEA chief Rafael Grossi announced fresh talks with Iran.

“After many months, Iran has not provided the necessary explanation for the presence of the nuclear material particles at any of the three locations where the Agency has conducted complementary accesses (inspections),” a report by Grossi to member states seen by Reuters said. Grossi had hoped to report progress in the talks before the board meets again next week.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
Powered by
Are you a Crypto Head? It’s time to prove it!
10 Questions · 5 Minutes
Start Quiz Now
Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?